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The Composition of Fiscal Adjustment and Growth

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  • G. A. Mackenzie
  • Philip R. Gerson
  • David William Harold Orsmond

Abstract

This study examines the composition of fiscal adjustment - tax and expenditure policies and administrative procedures, and some aspects of public enterprise reform - in a sample of eight countries (Bangladesh, Chile, Ghana, India, Mexico, Morocco, Senegal, and Thailand) during a period of fiscal reform (usually 1978-93), to determine whether and to what extent the fiscal reforms fostered growth during the adjustment period.

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Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Occasional Papers with number 149.

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Length: 78
Date of creation: 03 Apr 1997
Date of revision:
Handle: RePEc:imf:imfocp:149

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Cited by:
  1. Salem Kanoun, 2012. "Linkages Between Fiscal Debt Sustainability, Growth And Poverty: An Application To Tunisia," Book Chapters, Institute of Economic Sciences.
  2. Ricardo Martin & Alex Segura-Ubiergo, 2005. "Fiscal Discipline and Social Spending in IMF-supported Programs," Public Economics, EconWPA 0504012, EconWPA.
  3. Ricardo Martin & Alex Segura-Ubiergo, 2005. "Social Spending in IMF-supported Programs," Public Economics, EconWPA 0504011, EconWPA.
  4. Benedict J. Clements & Sanjeev Gupta & Emanuele Baldacci & Carlos Mulas-Granados, 2002. "Expenditure Composition, Fiscal Adjustment, and Growth in Low-Income Countries," IMF Working Papers 02/77, International Monetary Fund.
  5. Tania Ajam & Aron Janine, 2007. "Fiscal Renaissance in a Democratic South Africa," Journal of African Economies, Centre for the Study of African Economies (CSAE), Centre for the Study of African Economies (CSAE), vol. 16(5), pages 745-781, November.
  6. International Monetary Fund, 2010. "Post-Crisis Fiscal Policy Priorities for the AsEAN-5," IMF Working Papers 10/252, International Monetary Fund.
  7. Gupta, Sanjeev & Clements, Benedict & Baldacci, Emanuele & Mulas-Granados, Carlos, 2005. "Fiscal policy, expenditure composition, and growth in low-income countries," Journal of International Money and Finance, Elsevier, Elsevier, vol. 24(3), pages 441-463, April.
  8. Woo, Jaejoon, 2003. "Social polarization, industrialization, and fiscal instability: theory and evidence," Journal of Development Economics, Elsevier, Elsevier, vol. 72(1), pages 223-252, October.

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